Coronavirus lockdown hits German jobs, retail sales

BERLIN (Reuters) - German unemployment soared in April, while monthly retail sales declined last month at their fastest rate in 13 years, as the coronavirus lockdown hit Europe's biggest economy hard. Germany is braced for its deepest recession since World War Two, the economy minister has warned, as the shutdown has shuttered many shops, businesses and factories, although a gradual easing of restrictions has started.The number of people out of work in Germany saw a record increase in April,..